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Four Huge Mistakes eBay Sellers Make (Even Some Moderately Successful Ones)


No matter how many times I see it happening, I'm constantly amazed at the number of people who are literally throwing money away by making incredibly simple mistakes when they sell items in an online auction.

Over the last seven years, I've been making a great living buying and selling products on eBay and other online auction sites, and I've perfected a technique that pretty much guarantees anyone can start making a profit right away. That technique starts with avoiding mistakes like these -- mistakes I've seen people make every day for those same seven years.

If you're doing any of these four things, you're leaving money on the table with every single item you sell.

* Listing an item at the wrong time. It's a proven fact more buyers browse Internet auction sites on Sunday evenings than any other time during the week. If your auction is scheduled to end at any other time than Sunday evenings (specifically between 9 p.m. and 11 p.m. Eastern time), you're not getting the maximum exposure for your auction at a time when people are most eager to buy.

* Not giving your photos the attention they deserve. There are two common mistakes people make with the photos they use to entice buyers on eBay. One is not having enough pictures to accompany your item's description. Over the years, I've learned pictures of your item are one of the most important components of your sales page. (There are many reasons for this, but I don't have the space to go into much detail here.) Multiple pictures from various angles will ALWAYS help you get higher bids for your products. The second mistake is not making sure the pictures are up and running on whatever server you're using BEFORE you list your item. How many times have you been browsing an auction site and seen a blank box where a picture of the item should have been? That's a seller who's losing
money because of a very simple, and very common, oversight.

* Using "Las Vegas style" listings. I'm sure you know what I'm talking about here. A Las Vegas listing is one that uses all kinds of flashing animation, multicolored text and other bells and whistles in an attempt to entice bidders. In fact, it does just the opposite. Listings like these are distracting, hard to read, and will always discourage people from bidding, resulting in a lower final sales price. The descriptions that you give of your item on your sales page ARE NOT designed to get a buyer's attention (you already have that if they've clicked on your listing in the first place). They should be designed to get someone to actually place a bid.

* Using a reserve. Using a reserve to guarantee that you'll get a minimum price for an item will absolutely kill your auction. Trust me, I've seen it happen too many times to not accept this as a given. In fact, I often use other seller's auctions that have a reserve as a way to pick up items at ridiculously low prices that I can sell "the right way" for a huge profit a few days later -- but that's a different article altogether. For now, just realize that nothing scares away potential bidders better than seeing the "Reserve Not Yet Met" tag. If you're truly concerned about a minimum price, simply set your starting price a little higher.

John Reese has been actively involved with online auctions and eBay since 1996. Mr. Reese has written several articles on the subject and has recently created the "Internet Auction Secrets" Video for teaching others how to start, run, and manage a successful online auction business from home.

His 2-Hour Step-By-Step Video comes with access to a "Student's Only" web site where his students can keep up with the latest tips, tricks, and techniques. You can learn about how *you* can become one of his students at: http://www.auctionsecrets.com

NOTE to Editors:  Feel free to join our affiliate program and substitute your own affiliate link for our URL in bio box. Go to http://www.auctionsecrets.com/affiliateprogram.html

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TODAYS NEWS BY OFFICEJAX FREE ADVERTISING AND AD EXCHANGE SOLUTIONSMORE RESOURCES updated Sun. February / 28 / 2021

ACV Auctions, Buffalo's first billion-dollar startup, files to go public - Buffalo News
ACV Auctions, Buffalo's first billion-dollar startup, files to go public  Buffalo News

ACV Auctions, Backed by SoftBank, Files to Go Public - Barron's
ACV Auctions, Backed by SoftBank, Files to Go Public  Barron's

Wholesale car auction platform ACV Auctions files for a $100 million IPO - Renaissance Capital
Wholesale car auction platform ACV Auctions files for a $100 million IPO  Renaissance Capital

Platinum Luxury Auctions Sells Posh Apt on NYC's 5th Avenue at 14-Bidder Luxury Auction® - PRNewswire
Platinum Luxury Auctions Sells Posh Apt on NYC's 5th Avenue at 14-Bidder Luxury Auction®  PRNewswire

St. Louis County to hold online auction of waterfront properties - Duluth News Tribune
St. Louis County to hold online auction of waterfront properties  Duluth News Tribune

Vehicle Marketplace ACV Auctions Details IPO Plans - Morningstar.com
Vehicle Marketplace ACV Auctions Details IPO Plans  Morningstar.com

Treasury Yields Just Spiked After a Brutal 7-Year Auction. Here's What It Means. - Barron's
Treasury Yields Just Spiked After a Brutal 7-Year Auction. Here's What It Means.  Barron's

Selected Western livestock auctions | Livestock Auctions - Capital Press
Selected Western livestock auctions | Livestock Auctions  Capital Press

Classic car auction comes to Glendale, Sun Cities residents to drive - Your Valley
Classic car auction comes to Glendale, Sun Cities residents to drive  Your Valley

2 classic wagons from Ford family personal collection up for auction - WNEP Scranton/Wilkes-Barre
2 classic wagons from Ford family personal collection up for auction  WNEP Scranton/Wilkes-Barre

Bonnette Auctions announces March 6 auction - KALB
Bonnette Auctions announces March 6 auction  KALB

Lakeside Inn & Casino auction to be held next week, bidding open - Tahoe Daily Tribune
Lakeside Inn & Casino auction to be held next week, bidding open  Tahoe Daily Tribune

Government Auctions to Boost Colombian Non-Conventional Renewable Energy - Fitch Ratings
Government Auctions to Boost Colombian Non-Conventional Renewable Energy  Fitch Ratings

Junior Market Steer Auction an invitation only event this year to follow City of San Antonio’s pandemic safety protocols - San Antonio Express-News
Junior Market Steer Auction an invitation only event this year to follow City of San Antonio’s pandemic safety protocols  San Antonio Express-News

UGA great Jake Scott’s memorabilia bringing big money at auction - Atlanta Journal Constitution
UGA great Jake Scott’s memorabilia bringing big money at auction  Atlanta Journal Constitution

Treasury Makes History With First Two-Year Note Auction Premium - Bloomberg
Treasury Makes History With First Two-Year Note Auction Premium  Bloomberg

Effects of Transporting Cattle on Auction Prices - Drovers Magazine
Effects of Transporting Cattle on Auction Prices  Drovers Magazine

Hundreds of Colorado self-storage units up for auction during pandemic - The Denver Channel
Hundreds of Colorado self-storage units up for auction during pandemic  The Denver Channel

MLCS Mini Jubilee Jewelry Online Silent Auction - MyMotherLode.com
MLCS Mini Jubilee Jewelry Online Silent Auction  MyMotherLode.com

ICE publishes auction calendar for UK's new Emissions Trading Scheme - Business Wire
ICE publishes auction calendar for UK's new Emissions Trading Scheme  Business Wire

Benefits of in-person used-car auctions remain clear - Automotive News
Benefits of in-person used-car auctions remain clear  Automotive News

TREASURIES-Inflation bets, poor auction send yields up to new milestones - Reuters
TREASURIES-Inflation bets, poor auction send yields up to new milestones  Reuters

10-year Treasury yield surges above 1.50% after 'awful' debt auction - MarketWatch
10-year Treasury yield surges above 1.50% after 'awful' debt auction  MarketWatch

Annual fur auction moves online for 2021; set for March 1 to April 9 - Ontario Argus Observer
Annual fur auction moves online for 2021; set for March 1 to April 9  Ontario Argus Observer

Vincent Van Gogh painting: Rarely seen 'Street Scene in Montmartre' exhibited ahead of auction - WLS-TV
Vincent Van Gogh painting: Rarely seen 'Street Scene in Montmartre' exhibited ahead of auction  WLS-TV

Oceanfront Bermuda Estate with Boat House Heading for Auction - Mansion Global
Oceanfront Bermuda Estate with Boat House Heading for Auction  Mansion Global

St. Louis County's online land auction nets $764,000 in sales - Duluth News Tribune
St. Louis County's online land auction nets $764,000 in sales  Duluth News Tribune

Collector car auction coming to State Farm Stadium in March - KTAR.com
Collector car auction coming to State Farm Stadium in March  KTAR.com

Lessons from spectrum auctions: Entner | FierceWireless - FierceWireless
Lessons from spectrum auctions: Entner | FierceWireless  FierceWireless

Concordia creditors do battle as campus slated for June foreclosure auction - OregonLive
Concordia creditors do battle as campus slated for June foreclosure auction  OregonLive

Station wagons from Ford family's personal collection up for auction - Detroit Free Press
Station wagons from Ford family's personal collection up for auction  Detroit Free Press

Presidents' Day Auction Offers Abraham Lincoln's Hair and Other Oddities - The New York Times
Presidents' Day Auction Offers Abraham Lincoln's Hair and Other Oddities  The New York Times

Van Gogh drawing once looted by Nazis to be sold at auction - The Times of Israel
Van Gogh drawing once looted by Nazis to be sold at auction  The Times of Israel

Hollywood, history combine in Churchill art auction - FRANCE 24
Hollywood, history combine in Churchill art auction  FRANCE 24

Rarely seen Van Gogh painting exhibited ahead of auction - Associated Press
Rarely seen Van Gogh painting exhibited ahead of auction  Associated Press

REFILE-TREASURIES-Inflation bets, poor auction catapult key yield above 1.5% - Reuters
REFILE-TREASURIES-Inflation bets, poor auction catapult key yield above 1.5%  Reuters

Verizon spends $45 billion in major 5G spectrum auction, while AT&T spends $23 billion - MarketWatch
Verizon spends $45 billion in major 5G spectrum auction, while AT&T spends $23 billion  MarketWatch

HALO art auction raises $400,000 for homeless youth - Jefferson City News Tribune
HALO art auction raises $400,000 for homeless youth  Jefferson City News Tribune

ACV Auctions adds to partner list with ParkMyFleet - Auto Remarketing
ACV Auctions adds to partner list with ParkMyFleet  Auto Remarketing

After chaotic auction, Doernbecher halts bidding in Nike (NYSE: NKE) charity event - Portland Business Journal
After chaotic auction, Doernbecher halts bidding in Nike (NYSE: NKE) charity event  Portland Business Journal

22 horses, donkeys rescued from Cookeville auction and possible slaughter pipeline - WKRN News 2
22 horses, donkeys rescued from Cookeville auction and possible slaughter pipeline  WKRN News 2

Late Broadway Producer James M. Nederlander’s Fifth Avenue Apartment Sells at Auction - Mansion Global
Late Broadway Producer James M. Nederlander’s Fifth Avenue Apartment Sells at Auction  Mansion Global

Grosvenor March 17 auction features British Empire, worldwide stamps and postal history - Linn's Stamp News
Grosvenor March 17 auction features British Empire, worldwide stamps and postal history  Linn's Stamp News

Black History Night Auction Featuring Special Warmup Jerseys Now Open - Washington Captials Web Site
Black History Night Auction Featuring Special Warmup Jerseys Now Open  Washington Captials Web Site

NFT Art Goes Viral and Heads to Auction — But What Is It? - Hyperallergic
NFT Art Goes Viral and Heads to Auction — But What Is It?  Hyperallergic

Brazil approves 5G auction notice - ZDNet
Brazil approves 5G auction notice  ZDNet

BANKRUPTCY AUCTION Home off N Main St in Danville Thursday - GoDanRiver.com
BANKRUPTCY AUCTION Home off N Main St in Danville Thursday  GoDanRiver.com

Real Floating Baby Yoda Up for Auction - Nerdist
Real Floating Baby Yoda Up for Auction  Nerdist

Tom Brady rookie card skyrockets in auction - WLNE-TV (ABC6)
Tom Brady rookie card skyrockets in auction  WLNE-TV (ABC6)

Radwood's Auction Site Opens Next Week, Here's What to Expect - The Drive
Radwood's Auction Site Opens Next Week, Here's What to Expect  The Drive

Logbook Signed by Martin Luther King Jr. in Birmingham Jail Breaks Auction Record - Hyperallergic
Logbook Signed by Martin Luther King Jr. in Birmingham Jail Breaks Auction Record  Hyperallergic

'Extraterrestrial crystal ball' hits the auction block at Christie's - Livescience.com
'Extraterrestrial crystal ball' hits the auction block at Christie's  Livescience.com

Massive 242-carat Russian diamond heads to auction block - New York Post
Massive 242-carat Russian diamond heads to auction block  New York Post

Everyone wins in Kiwanis' Bids for Kids silent auction - Journal Times
Everyone wins in Kiwanis' Bids for Kids silent auction  Journal Times

Online auctions deliver on promise of pre-foreclosure sales - HousingWire
Online auctions deliver on promise of pre-foreclosure sales  HousingWire

Unitarian Universalist Church of Ellsworth hosts 2021 Armchair Auction - WABI
Unitarian Universalist Church of Ellsworth hosts 2021 Armchair Auction  WABI

'Magical piece of Vince Lombardi' found in box, now up for auction - Green Bay Press Gazette
'Magical piece of Vince Lombardi' found in box, now up for auction  Green Bay Press Gazette

Goldin Auctions Raises About $40 Million In Growth Capital - Pulse 2.0
Goldin Auctions Raises About $40 Million In Growth Capital  Pulse 2.0

An auction for the ages: One day, 10 hours, 100 properties, a quarter million dollars in sales - Nashua Telegraph
An auction for the ages: One day, 10 hours, 100 properties, a quarter million dollars in sales  Nashua Telegraph

TCG invests $40m in Goldin Auctions - PE Hub
TCG invests $40m in Goldin Auctions  PE Hub

Friends of DeMotte Library to host silent auction - Newsbug.info
Friends of DeMotte Library to host silent auction  Newsbug.info

FCC Reveals Its C-Band Auction Winners - Radio & Television Business Report
FCC Reveals Its C-Band Auction Winners  Radio & Television Business Report

Auction Dilemma: Audi A8 Vs Volkswagen Phaeton | HotCars - HotCars
Auction Dilemma: Audi A8 Vs Volkswagen Phaeton | HotCars  HotCars

Over 90 Items Donated By Local Businesses To Auction For Tony Wise - KHQ Right Now
Over 90 Items Donated By Local Businesses To Auction For Tony Wise  KHQ Right Now

Auction House Suspends Sale of 19th-Century Jewish Burial Records - The New York Times
Auction House Suspends Sale of 19th-Century Jewish Burial Records  The New York Times

FLDS's compound sold in Sheriff's auction to former members - KOTA
FLDS's compound sold in Sheriff's auction to former members  KOTA

Barrett-Jackson’s car auction coming to Las Vegas in June - Las Vegas Review-Journal
Barrett-Jackson’s car auction coming to Las Vegas in June  Las Vegas Review-Journal

Worst US 'slave' auction has Philly ties | Michael Coard | phillytrib.com - The Philadelphia Tribune
Worst US 'slave' auction has Philly ties | Michael Coard | phillytrib.com  The Philadelphia Tribune

First vehicle auction of 2021 set for Feb. 23 at Manheim Keystone Pennsylvania - ABC27
First vehicle auction of 2021 set for Feb. 23 at Manheim Keystone Pennsylvania  ABC27

Cold War Relics Auction - KTLA
Cold War Relics Auction  KTLA

Super Rare 1970 Oldsmobile 442 W-30 Heads To Auction - GM Authority
Super Rare 1970 Oldsmobile 442 W-30 Heads To Auction  GM Authority

Most Valuable Company Profile: Auction.com - DSNews - DSNews.com
Most Valuable Company Profile: Auction.com - DSNews  DSNews.com

Take Home a Champion: Race-Winning Corvette C7.R Up for Auction - imsa.com
Take Home a Champion: Race-Winning Corvette C7.R Up for Auction  imsa.com

Who wants a fire truck? City of San Angelo auction opens, taking bids on 57 items - Standard-Times
Who wants a fire truck? City of San Angelo auction opens, taking bids on 57 items  Standard-Times

NCK Tech's Hays shop students build house for auction in May - Hays Daily News
NCK Tech's Hays shop students build house for auction in May  Hays Daily News

Local organization hosts annual Blue Suede Dinner and Auction - WBBJ TV - WBBJ-TV
Local organization hosts annual Blue Suede Dinner and Auction - WBBJ TV  WBBJ-TV

Sotheby’s Christo Auction, Part 1, Nets $9.8 Million - The New York Times
Sotheby’s Christo Auction, Part 1, Nets $9.8 Million  The New York Times

Target Auction Company Announces Auction Sale of a Luxury Estate on 6.5± Acres in Tupelo, Mississippi on March 18th - leader-call.com
Target Auction Company Announces Auction Sale of a Luxury Estate on 6.5± Acres in Tupelo, Mississippi on March 18th  leader-call.com

'52 Mantle, Mahomes, MJ Rookies Push Goldin Auction Past $30... - Sports Collectors Daily
'52 Mantle, Mahomes, MJ Rookies Push Goldin Auction Past $30...  Sports Collectors Daily

Government auction includes old missile site, land with ocean views - The Real Deal
Government auction includes old missile site, land with ocean views  The Real Deal

Spring in Bloom Virtual Auction March 4 to March 7, 2021 - TAPinto.net
Spring in Bloom Virtual Auction March 4 to March 7, 2021  TAPinto.net

What Investors Want to Know: US C-Band Auction Impact and Rating Horizon - Fitch Ratings
What Investors Want to Know: US C-Band Auction Impact and Rating Horizon  Fitch Ratings

Cyberpunk and Witcher hackers don’t seem to be bluffing with $1M source code auction - The Verge
Cyberpunk and Witcher hackers don’t seem to be bluffing with $1M source code auction  The Verge

Powell Auction & Realty, LLC - The Barton Collection – Online Auction Sale #2 Antiques - Antique Trader
Powell Auction & Realty, LLC - The Barton Collection – Online Auction Sale #2 Antiques  Antique Trader

Powder Hounds online art auction to benefit homeless pets - The Durango Herald
Powder Hounds online art auction to benefit homeless pets  The Durango Herald

Mike Mignola, Travis Charest, Bruce Timm Lunchbox Sketches At Auction - Bleeding Cool News
Mike Mignola, Travis Charest, Bruce Timm Lunchbox Sketches At Auction  Bleeding Cool News

Van Gogh painting not seen for 100 years set for auction - CNN
Van Gogh painting not seen for 100 years set for auction  CNN

Productive Illinois farmland offered in March auction - PRNewswire
Productive Illinois farmland offered in March auction  PRNewswire

Contemporary New Build in Mallorca Heads to Auction - Mansion Global
Contemporary New Build in Mallorca Heads to Auction  Mansion Global

An Online Auction for ARF - East Hampton Star
An Online Auction for ARF  East Hampton Star

Rare Chesapeake Decoys Sell at Auction for up to $155K Each - Chesapeake Bay Magazine
Rare Chesapeake Decoys Sell at Auction for up to $155K Each  Chesapeake Bay Magazine

Do something useful with spectrum auction proceeds - Lowenstein - FierceWireless
Do something useful with spectrum auction proceeds - Lowenstein  FierceWireless

South Dakota polygamist sect compound bought by former member at auction - Billings Gazette
South Dakota polygamist sect compound bought by former member at auction  Billings Gazette

Priest plans to auction coveted baseball cards to aid low-income students - Catholic News Service
Priest plans to auction coveted baseball cards to aid low-income students  Catholic News Service

IPL 2021: Schedule, Date, Auction, Team List, Complete Squads, Venue - Cricket Addictor
IPL 2021: Schedule, Date, Auction, Team List, Complete Squads, Venue  Cricket Addictor

Washington County's delinquent tax auction to be held online - Johnson City Press (subscription)
Washington County's delinquent tax auction to be held online  Johnson City Press (subscription)

Week in Review: Islands, Amar'e and Expensive Auctions - Mansion Global
Week in Review: Islands, Amar'e and Expensive Auctions  Mansion Global

Nearly 700 San Diego properties up for auction | Registration now open - CBS News 8
Nearly 700 San Diego properties up for auction | Registration now open  CBS News 8

Auction starts for all Lakeside Inn memorabilia and contents - South Tahoe Now
Auction starts for all Lakeside Inn memorabilia and contents  South Tahoe Now

Texas ranch heiress' art collection going up for auction - Associated Press
Texas ranch heiress' art collection going up for auction  Associated Press

 

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